Honda and Nissan will merge under a new holding company, the automaker’s announced, confirming months of rumors, with the smaller of the Japanese automakers effectively taking control of the new alliance. Mitsubishi, which was rescued by Nissan in 2016, has yet to decide whether to become part of the alliance. And Renault, which bailed out Nissan in 1999, plans to determine what role it may have going forward.
Green Power
Toyota Investment Aimed at Lowering EV Charging Costs, Stabilizing The Power Grid
There’s been a lot of focus on building up the public EV charging network but the vast majority of owners routinely charge at home. Toyota is helping secure $28 million in funding for startup WeaveGrid in a bid to make home charging easier and more affordable – while also ensuring that the nation’s electrical infrastructure can handle the addition of millions of battery-powered vehicles.
Tesla Recalls 700K Vehicles Due to Tire Pressure Issue
Tesla announced plans to recall nearly 700,000 vehicles due to a problem with the tire pressure monitoring system in those vehicles. The warning light may not remain lit during the entirety of the problem. Find out more at Headlight.News.
Santa Brings Motorists an Early Gift – But the Grinch Could Take it Away
Nearly 120 million Americans are expected to travel at least 50 miles over the long Christmas/New Year holiday. If you’ve been planning your own trip you might have noticed fuel prices have come tumbling down across the U.S. in recent weeks. But the Grinch might be ready to steal that early holiday present, experts noting fuel prices are starting to climb back up in many parts of the country.
Honda Teases New EV SUV, Will Enter Production In 2026
Honda teases EV SUV and confirms that it will be produced in 2026 alongside a wedge-shaped EV sedan.
Honda Announces The Return of the Prelude
Honda confirms the Prelude is coming back into production as the Japanese auto giant prepares to expand its presence in the hybrid market.
Ford CEO Wants to Match Price of Chinese EVs — and Plunging Battery Prices Will Help
While EV sales should end the year up about 10% from 2023, the growth rate has slowed sharply. Several factors contributed to the slowdown, starting with the price premium — averaging about $10,000 more than comparable gas models. But Ford CEO Jim Farley claims the company is working up new EVs that will deliver “game-changing” prices, in line with rock-bottom Chinese brands. And a new study shows that plunging battery costs will play a major role.
Toyota Cuts Price on Slow-Selling bZ4X by $6,000
Usually at the end of the year, there’s a push put on by a certain electric vehicle maker to sell as many of its EVs as possible. This generally includes price cuts to entice buyers. And while that EV maker might still do it, it’s another automaker looking to move some EVs: Toyota. The company cut prices on its bZ4X by as much as $6,000. Get details at Headlight.News.
Ford Gets Final Approval on $9.63B Loan for Tennessee, Kentucky Battery Plants
The U.S. Department of Energy finalized a $9.63 billion loan for Ford Motor Co. and South Korea’s SK On to help finance the construction of three new EV battery plants in Tennessee and Kentucky. Get the final details at Headlight.News.
Mercedes Teases All-Electric Van Ahead of U.S. Return
Mercedes released teaser images of what will be a new line of family-sized all-electric vans. Based on its EV-only VAN.EA platform, the German automaker is confident enough to bring it back to the U.S. market where it’s been out of the people-mover segment for some time.
Kia Looks at a Pickup, Other “White Space” Opportunities – But Trump is the Wild Card
It’s been a big year for Korean carmaker Kia, U.S. sales set to reach a new record. To keep momentum going it’s launching plenty of new products in 2025 and looking to enter still more “white space” beyond – a pickup one opportunity under study. But planning ahead is on hold until at least “January 21,” said the brand’s U.S. marketing chief, with the incoming Trump administration poised to address such issues as EV sale mandates and incentives, as well as tariffs on foreign-made vehicles.
Over 90% of EV Drivers Plan to Remain Battery-Electric Owners
Electric vehicle adoption has been on the rise and the latest study shows that once someone buys and EV it’s highly unlikely they’ll go back to internal combustion power. According to the Global EV Drivers Alliance, 92% of current EV owners will buy another one for their next vehicle. Check out the story at Headlight.News.